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Empire Petroleum Corp.

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Transactions

Report Date Amount (MM) Description
2021-05-18 $17.80

Empire Petroleum Closes Acquisition of XTO Permian Basin Assets

Empire Petroleum Closes Acquisition of XTO Permian Basin Assets

Report Date Amount (MM) Description
2021-05-18 $17.80

Empire Petroleum Closes Acquisition of XTO Permian Basin Assets

Empire Petroleum Closes Acquisition of XTO Permian Basin Assets

Report Date Amount (MM) Description
2021-02-19 --

Marketed: Empire Petroleum Starbuck Madison Unit, North Dakota

Marketed: Empire Petroleum Starbuck Madison Unit, North Dakota

Report Date Amount (MM) Description
2020-08-11 --

Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties

Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties

Report Date Amount (MM) Description
2020-04-16 --

Empire Petroleum Acquires East Texas Eagle Ford Assets

Empire Petroleum Acquires East Texas Eagle Ford Assets

Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2022-01-06 Empire Petroleum Corp. Debt --

Announced debt retirement with the conversion by Energy Evolution Master Fund Ltd. of 100% of their…

Report Date Type Amount (MM) Description
2007-04-16 Empire Petroleum Corp. - 2007-04-16 Equity $1.00

Privately placed 5 million shares at US$0.20 each to fund well completion and abandonment costs.

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss

Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.

Exclusive: Sheffield Clears the Air, Formentera is Not Just a PDP Buyer

Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview. 

Empire Petroleum’s Williston Drilling Program Identifies New Zones

Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.

Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?

Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?

Empire Commences Starbuck Drilling Program

Empire Petroleum’s total capital spending of the Starbuck drilling program is expected to be between $20 million and $22 million.

Empire Closes on Interests in New Mexico Assets

Empire Petroleum has closed on a $6.7 million acquisition of COERT Holdings 1 LLC’s interests in a trio of assets owned by Empire and located in New Mexico.

Empire Petroleum Promotes CFO, Adds Director

Empire promoted WPX Energy veterans Stephen L. Faulkner to CFO and added J. Kevin Vann to the board of directors.

Empire Petroleum Closes Acquisition of XTO Permian Basin Assets

Empire Petroleum acquired the assets in a historic oil field located on the northwestern edge of the Permian Basin’s Central Basin Platform in southeastern Lea County from Exxon Mobil’s XTO affiliate.

Hart Energy’s On the Move: Chesapeake CEO Departs, Schlumberger ‘New Energy’ Board, More

Below is a roundup of notable moves and promotions in the energy industry within the past week including the departure of Chesapeake Energy CEO Doug Lawler and Schlumberger’s appointment of former Ørsted Wind Power CEO Samuel Leupold to its board.

Marketed: Empire Petroleum Starbuck Madison Unit, North Dakota

Empire Petroleum retained EnergyNet for the sale of certain oil and gas properties and related assets including interest in the Starbuck Madison Unit located in North Dakota’s Bottineau County.

Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties

Petroleum Independent & Exploration has identified the first of many workover/recompletion programs to potentially uplift field production in Empire Petroleum’s Fort Trinidad Field asset in Houston and Madison counties, Texas.